Sunday, May 21, 2023 6:01:58 PM
Everything was down for the quarter except Submersible Systems which was up 21.9%. But obviously not enough to keep overall sales from going negative. I expected Blu3 to be down but did not expect the negative results on the other lines of business. Brownie's manufacturers and sells fun toys... this makes it easier for buyers to delay a purchase...Consumers have been hit recently with some serious inflation on all the things they need so it remains to be seen when the economy returns to a more normal state if BWMG will participate.
I had mentioned some time back that " BWMG is a show me stock. " This is still the case. We will need to see improved results before more investors will buy the stock. Management has been very focused with a mindset to turn this into a profitable business so we will see how this all plays out with an improved economy. We are starting into the strong part of the year so we should expect to see improved results for Q2.
2023 Q1 -17.01%
2022 Q4 +37.7% Y/Y
2022 Q3 +80.2%
2022 Q2 +41%
2022 Q1 +108%
2021 Q4 +37% Y/Y
2021 Q3 -7%
2021 Q2 +31%
2021 Q1 +56%
2020 Q4 +54% Y/Y
The only place where success comes before work is in the dictionary
Recent BWMG News
- Form 8-K - Current report • Edgar (US Regulatory) • 02/13/2024 08:27:11 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 07:07:39 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 04:55:11 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:01:27 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/29/2023 04:34:38 PM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
Avant Technologies to Implement AI-Empowered, Zero Trust Architecture in Its Data Centers • AVAI • Apr 29, 2024 8:00 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM